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MAC Curves for different technologies and sectors #384
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A marginal abatement curve with 5 points can be constructed for a scenario with a known set of carbon prices by re-running the model at 0%, 25%, 50%, and 75% of the carbon prices observed or assigned in each time period. The curve is constructed in any time period using the CO2 prices ($/t) on the y-axis, and the abatement observed in the given sector on the x-axis, where the abatement is equal to emissions with zero carbon price minus the emissions observed in the given scenario. So it's pretty simple, albeit time-consuming, and with several pitfalls.
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Hi,
Is it possible to generate CO2 MAC Curves for different GCAM sectors and the technologies contributing to that Curve for each sector? How do I set this up in GCAM?
Thank you.
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